Talk of The Villages Florida - View Single Post - Bond payoff
Thread: Bond payoff
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Old 11-25-2020, 06:22 PM
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Quote:
Originally Posted by retiredguy123 View Post
I hate debt, but I have not paid off my bond. I think the biggest disadvantage to paying it off is that you will lose money when you sell the house. You will not be able to convince a buyer to reimburse you for the money you used to pay off the bond. And, very few people actually know how long they will keep their house before selling.
So, going to pay the interest which you will get NO money back on and still not pay the bond down that much.